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Beijing Hyundai sees best single month sales in January

Tony From Gasgoo.com | February 02 , 2008 16:18 BJT
Shanghai. February 2 (Gasgoo.com) – Beijing Hyundai sold 30,063 vehicles in January, up 23.5 percent from one year earlier. The number represents Beijing Hyundai’s best single month sales record since it was founded a couple of years ago.
 
Beijing Hyundai sold 17,958 Elantra vehicles and 4,949 Tucson SUV vehicles in January. Elantra’s impressive January sale represents a comeback of the once hot-selling Korean sedan in Chinese market.
 
Earlier last month, Hyundai Motor Co., South Korea's top auto maker announced that the company aims at selling 380,000 vehicles in China in 2008, about 60 percent increase from last year's 231,000 units.
 
The automaker said the completion of its second plant and the launch of new models in Chinese market will help the company to achieve its 2008 target.
 
With the completion of a new $1billion plant on the suburbs of Beijing, Hyundai's annual capacity in China will be doubled to 600,000 units. Volume production in the second plant is set to start in May this year.
 

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